betterU Education Corp. (TSX VENTURE:BTRU) (FRANKFURT:5OGA), (the
“Company” or “betterU”) is pleased to announce that as part of the
Company’s 2020 restructuring plan the Company has augmented the
Board of Directors to include international Board of Directors and
Board Advisors. Joining the Board of Directors is Duncan Cowie,
CPA-CA, and as a Principal Advisor to the Board of Directors,
Ambassador Vishnu Prakash. The new board support will advance the
Company’s expertise in the areas of the education marketing, global
business development, financial management, M&A, public markets
and board governance. The Company will also continue its efforts
over the months to come, to add more expertise to support the Board
of Directors and Company leadership.
Board members Praveen Varshney, Robert Kang and
Rajeev Dewan have agreed to step down from the board of Directors
effective immediately to allow for the restructuring of the new
board and advisors to take place. “With the transformation of our
business in early 2020, the advancements of our North American B2B
SaaS focus and clients, along with our international growth plans,
it is time to bring in new leadership and governance that can help
transform and advance our global growth. I want to thank the
exiting board members for their time and commitment to the company
over the years. Both myself and my Board Chairman, Tony Keenan will
continue to work at advancing the strength and support our
leadership to be successful in 2020 and beyond”, said Brad
Loiselle, President and CEO betterU.
In early 2020 betterU started advancing their
innovative B2B Ready-To-Go platform resulting in
several new North American clients. While the betterU team
continues to advance their automation and AI capabilities to
support the scale of international users, the new Board and Special
Board Advisors will provide greater insight, financial governance,
investor, public support and connections to help accelerate
betterU’s global growth in revenues and strategic partnerships.
About Duncan Cowie
Mr. Cowie has over three decades of holding
senior executive positions including as the CEO Global
Connect-China, the Executive VP and Regional Manager for Transcom
Worldwide / NuComm International, the VP and General Manager /
Finance of CSA Group, the Sr. VP and CFO Minacs Worldwide, the CFO
and VP for The Hospital for Sick Children and the VP Strategic and
Business planning Molson Breweries.
Mr. Cowie also has five years of experience
building education and training programs. Experienced in corporate
development activities including leadership of international
business operations, mergers and acquisitions, partnerships and
agency structures. Results demonstrated through leadership
decision- making, organizational design and people development, and
through the design and execution of strategic and tactical plans.
Mr. Cowie’s experience spans the globe with a focus on China and
Asia, North America and Europe. Delivering creative and innovative
teaching approaches built on real-life experiences and solutions
for complex business issues.
“betterU is a rare ed-tech that is
driven by a passionate team with a global vision and solutions that
are starting to take shape. I am excited to join betterU’s Board of
Directors to help support and advance their global efforts. I am
looking forward to digging deep into the company and helping them
grow,” said
Duncan Cowie.
About Ambassador Vishnu Prakash, former
Envoy to Canada and South Korea
Mr. Prakash is a lawyer (gold medalist) by
training and a diplomat by profession, retired as India’s High
Commissioner to Canada in November 2016, after over 35 years in the
saddle, as an Indian Foreign Service (IFS) officer. Hitherto, he
was Ambassador to South Korea, Official Spokesperson of the
Ministry of External Affairs and Consul General to Shanghai. He
also held various positions at Indian Missions in Tokyo, New York,
Moscow, Islamabad, Vladivostok and Cairo. Mr. Prakash did a
sabbatical with the ‘Asia Pacific Center for Security Studies’ in
Hawaii (USA) in 1996. In 2013, he was conferred an Honorary
Doctoral degree in Business Administration by Tongmyong University,
Busan (South Korea) and also recognized as the 'Ambassador of the
Year, 2014' by the Asia Society, Korea Center.
Presently Mr. Prakash is a foreign affairs
analyst, speaker, columnist and commentator. His areas of interest
span the Indo-Pacific region, including North-east Asia (China,
Japan and Koreas), ASEAN & South Asia, the US, Canada and
Israel.
Ambassador Prakash is a sought-after speaker,
across the country, by colleges, Universities and training
institutions especially on Indian diplomacy and international
issues. He was recognized as an "Outstanding Diplomat" by PIMR
(Prestige Institute of Management and Research), Indore in January
2020.
He has been writing for Hindustan Times, The
Korea Times, The Asian Age, ETV Bharat, and The Quint, among other
media outlets. Mr. Prakash has been associated with and / or
contributing papers / articles for prominent think-tanks like IDSA,
Ananta Aspen Centre, ORF, VIF and ICS, to name a few. He has also
contributed chapters for publications by IDSA and Indian Foreign
Affairs Journal. Amb. Prakash regularly appears as an expert
panelist on Indian and international TV channels.
“I have had the opportunity to work with the CEO
of betterU for many years and have grown fond of his vision and
passion for supporting access to education in my country. I am
thrilled to join the Company as a Principle Advisory to the Board
of Directors and I will be working closely with all board members
and the Company’s leadership to help support their efforts not only
in India, but globally as well”, said Ambassador Prakash.
About betterU Education
Corp.
betterU is an education-to-employment technology
company offering an end-to-end solution leveraging business
intelligence to automate skilling, reskilling and upskilling for
companies operating on domestic and global scales. If you are
looking for support in regards to COVID-19, please visit
https://readytogo.betteru.ca/ to download your free COVID-19
Resource Toolkit.
betterU has integrated into its platform the
content, technology and support for tailored skills assessments,
learning pathways and training modules from 100+ of the world’s
leading online education providers. betterU’s eco-system includes
detailed job, skill, employer, and educational profiles spanning
3,000+ standardized jobs. betterU’s integrated platform is the most
efficient solution to address evolving skilling challenges for
employers and employees through the employment lifecycle from entry
level to executive. We don’t sell content; we help build better
people.
For more information, please visit
https://corporate.betteru.ca/ For more information about
betterU’s Enterprise SaaS Program please visit
https://readytogo.betteru.ca/
Contact:
Brad Loiselle, CEO 1-613-695-4100
betterU Education Corp. Investor Relations Email:
ir@betteru.ca
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
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